There is talk around town that the Indian start-up Zoho Apps that just celebrated their 3rd anniversary  could be signing a deal with General Electric : Unconfirmed reports are circulating that GE already chose Zoho, but Oliver Marks at ZDNET set the record straight today about the claims:"For the record...no decision has been made on Google Docs, Zoho, or any other vendor at this time, but a vigorous evaluation is taking place," he writes. So what is Zoho? Webguild says: Zoho is a remarkable company. They have out maneuvered all the usual suspects such as Microsoft, Google, and Salesforce at their own games. Not too long ago, the company turned down a takeover offer from Salesforce. Zoho is an example of the new Web economics at work. The company hails from India, has never taken venture funding and has a ten person operation in Silicon Valley. Yet, if you look at its suite of products you would think it has a Fortune 500 company backing it. The company employees 600 engineers, developers, product managers, and technicians in India that develop and build its products.